August 1972	Penn National Race Course Opens
1983	PENN pioneers use of telephone Account Wagering
March 1991	First Penn National Gaming Off - Track Wagering Facility (OTW) opens in Erie PA
May 1994	Penn National Gaming becomes a publicly traded company and begins trading on NASDAQ under PENN.
November 1996	Penn National Gaming purchases The Downs at Pocono and its OTWs
January 1997	Penn National Gaming purchases Charles Town Races
September 1997	First slot gaming activity at renamed Charles Town Races & Slots
1998	Three more OTWs added bringing total to 10
July 1999	Pennwood joint venture formed creating 50% ownership in Freehold Raceway in NJ
July 2000	East Stroudsburg PA OTW opened bringing total Penn OTWs to 11
August 2000	Acquisition of Casino Magic Bay St. Louis, and Boomtown Biloxi in Mississippi
April 2001	Acquisition of Casino Rouge in Baton Rouge LA and Casino Rama   Management Contract
July 2001	Casino Rama opens 5000 seat state-of-the-art Entertainment   Center
2001	Penn National Gaming makes Fortune Magazine’s list of 100 Fastest Growing companies in the US
April 2002	Bullwhackers Casino in Black Hawk CO acquired
June 2002	Casino Magic Bay St. Louis MS adds new hotel tower with new  restaurant, spa and meeting space
July 2002	New 300 room hotel opens at Casino Rama
September 2002	Completion of phase 1 of Charles Town expansion adding casino space, restaurants and parking garage
2002	Penn National Gaming makes list of 100 Fastest Growing companies for 2nd time
March 2003	Penn National Gaming acquires Hollywood Casinos Corp. with casinos in Aurora IL, Shreveport LA and Tunica MS
July 2003	Charles Town Races & Slots opens Phase 2 expansion bringing total gaming devices to 3500
Fall 2003	Bullwhackers Casino renovation completed
December 2003	Company revenues surpass $1 Billion
2003	Penn National Gaming named to Fortune Magazine’s 100  Fastest Growing US companies for 3rd year in a row
Spring 2004	Bangor Historic Track in Bangor ME acquired
May 2004	PENN’s 10th anniversary as a public company
September 2004	PENN’s chosen as one of Fortune's 100 Fastest Growing Companies for the 4th year in a row
October 2004	Peter M. Carlino named as CEO of the year by HVS International
January 2005	PENN completes sale of Pocono Downs and associated OTWs
May 2005	Opening of the Park at Charles Town Races & Slots bringing slot count to 4,400
July 2005	PENN completes the sale of Hollywood Casino Shreveport
August 2005	Hurricane Katrina severely damages two PENN MS Gulf Coast properties
September 2005	PENN chosen as one of Fortune's 100 Fastest Growing Companies for the 5th year in a row.
October 2005	PNG completes acquisition of Argosy Gaming and becomes one of the largest US public gaming companies
November 2005	PENN opens Hollywood Slots at Bangor ME
December 2005	PENN named as Forbes Magazine's 400 Best Managed companies
December 2005	Company revenues surpass $2 Billion
June 2006	Boomtown Biloxi reopens after Hurricane Katrina closure
August 2006	Casino Magic Bay St. Louis reopens as Hollywood Casino Bay St. Louis after Hurricane Katrina closure
December 2006	PENN granted permanent Category 1 slot machine gaming operators license for Penn National Race Course.
January 2007	PENN named as best managed Hotel, Restaurant and Leisure Company in Forbes Platinum 400 Best Big Companies in America for 2006
April 2007	PENN acquires its 18th property and first New Mexico facility, Black Gold Casino at Zia Park
June 2007	PENN announces agreement to be acquired by Fortress Investment Group and Centerbridge Partners
September 2007	PENN chosen as one of Fortune's 100 Fastest Growing U.S. Companies for a record 6th time.
October 2007	PENN aquires 19th property. Sanford-Orlando Kennel Club in Longwood Florida. U.S. Companies for a record 6th time.
February 2008	Hollywood Casino at Penn National Race Course opens.